Palladium coins

Few palladium coins have been minted. Investors looking to invest in palladium have limited options when compared to gold and silver. There is however a large range of bars in palladium, and coins are slowly expanding following the soaring price of the metal.

Sierra Leone and Tonga issued the first palladium coins in 1966 and 1967 respectively. Following on from this, Canada, the Soviet Union (now Russia), France, Palau, Portugal, China, Australia and Slovakia have all produced Palladium coins.

Palladium bullion

BullionByPost has a large selection of precious metal bars, including platinum and palladium bars, a huge range of gold and silver coins plus coins minted in palladium and platinum. The legal tender Canadian Maple, with a face value of $50, is very popular in the limited range palladium coins. Popular platinum coins include British Britannias, Canadian Maples, US Eagles, Isle of Mann Nobles and Australian Koalas.

UK tax

In the UK, platinum and palladium bars and coins are taxed the same as silver. This means that unlike investment gold, silver, platinum and palladium are all subject to VAT.

Coins produced by The Royal Mint, whether gold, silver, platinum or palladium, are classed as legal tender. These coins will feature a face value for the purpose of debt settlement (and partly for tradition's sake) and this makes the coins exempt from Capital Gains Tax (CGT).